Cupid Limited (NSE: CUPID) highlighted its robust FY2026 performance and expanding growth platform at its 33rd Annual General Meeting (AGM) on September 22, 2026. Addressing shareholders, Mr. Aditya Kumar Halwasiya, Chairman & Managing Director, Cupid Limited, presented an overview of the company’s FY26 performance, the progress of its consumer and international businesses, key strategic initiatives undertaken during the year, and the company’s direction for FY27 and beyond.

Strong FY26 Performance

Cupid delivered strong growth during FY26, with total income increasing 93% to ₹391 crore from ₹203 crore, while profit after tax grew 165% to ₹108 crore from ₹41 crore. EBITDA increased 180%, net profit margin crossed 30%, and net worth rose from ₹342 crore to ₹451 crore. The company exceeded its initial FY26 guidance of ₹335 crore revenue and ₹100 crore profit and ended the year with its strongest quarter in history.

Two Growth Engines Supporting The Business

Cupid’s business continues to be driven by two complementary growth engines — its global healthcare business and Bharat consumer business. The global business serves national health programmes, multilateral agencies, and brand owners across international markets. Cupid is the first company in the world to receive WHO/UNFPA pre-qualification for both male and female condoms. During FY2026, exports reached ₹208 crore, accounting for close to 60% of revenue, across 125+ countries, with the company’s order pipeline reaching its strongest level.

Expanding Capacity and Product Capabilities

Cupid is developing nitrile capabilities, including a premium, latex-free nitrile female condom aimed at a global market expected to exceed $1.2 billion by 2030. With its dual-polymer lines at Palava, Cupid is developing the capability to manufacture both latex and nitrile condoms in Bharat. The company’s 170,000 sq. ft. Palava facility is scheduled for commissioning in the next quarter and is expected to support Cupid’s total capacity of approximately 1.25 billion male condoms and 125 million female condoms annually at full capacity. The facility represents Cupid’s largest manufacturing investment.

Cupid also received CE certification under the European IVDR for its HIV, Hepatitis B, Syphilis, and pregnancy test kits, supporting access to European markets and global public-health screening programmes.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Cupid Limited

Cupid Limited belongs to the Consumer Defensive › Household & Personal Products sector. Here’s a quick read on where the business and the stock stand today.

Cupid gains 43.9% over three months and trades near its 52-week highs. The PEG stands at 5.03 — severely stretched. Any earnings miss could trigger a sharp de-rating. Industry-leading margins of 30.4% reflect exceptional pricing power and operational efficiency. The stock gives back 3.4% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. The stock rises 43.9% in three months on 31.2% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Cupid Limited.

NIIT Limited, a leading skills and talent development corporation, has partnered with SPJIMR to launch a Professional Certificate in FinTech Operations. This initiative aims to prepare students, graduates, and early-career professionals for roles in India’s digital financial services ecosystem.

Program Details

The Professional Certificate is designed for final-year students and graduates from Commerce, Finance, and Management backgrounds. It also caters to early career professionals working in BFSI domains. The program offers a non-coding pathway into FinTech and digital financial services roles, emphasizing technology fluency without requiring learners to code.

Curriculum and Objectives

Participants will learn to use APIs, AI tools, and FinTech platforms from a business and operations perspective. The curriculum covers financial-services fundamentals, UPI and India Stack, digital lending, KYC/AML, regulatory frameworks, AI tools, APIs, data analytics, and no-code workflow tools. The program also includes applied exposure to fraud detection, credit scoring, reporting, and customer communication.

According to Anshuma an Prasad, Business Head, NIIT Digital and Head of Marketing, NIIT Limited, “Digital finance is creating career opportunities beyond traditional banking and software development. Payments, lending, compliance, risk, and product operations need professionals who understand both financial services and the digital systems that power them.”

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of NIIT Limited

NIIT Limited belongs to the Consumer Defensive › Education & Training Services sector. Here’s a quick read on where the business and the stock stand today.

NIIT falls 12.8% over three months and has not found a floor yet. The PEG stands at 6.41 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. RSI stands at 30, well into oversold territory. Yet sellers still dominated on 18 of recent sessions versus 12 for buyers, so the pressure has not fully lifted. Revenue grows at 4.6% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of NIIT Limited.

Allied Blenders and Distillers Limited (ABDL) announced the launch of its new premium whisky, ‘The Indian Edit’. The brand reflects modern Indian success, blending Indian malt and grain spirits with fine Scotch malts.

Celebrating Modern Indian Identity

The Indian Edit is designed to be a source of pride for contemporary and global Indian consumers. The whisky features notes of vanilla, caramel, and gentle oak, with packaging inspired by everyday Indian elements.

Market Availability

The Indian Edit will be available in 750 ml, 500 ml, and 180 ml formats across key markets including Maharashtra, Delhi, Haryana, Uttar Pradesh, Punjab, Chandigarh, Rajasthan, Goa, Daman, Telangana, and West Bengal. In Maharashtra, the 750 ml pack is priced at ₹1,550. Consumer prices may vary across states depending on state excise regulations and taxes.

Speaking on the launch, Mr. Amar Sinha, Managing Director, ABDL, emphasized the company’s ambition to lead India’s premiumisation journey. Bikram Basu, Group Chief Marketing and Innovation Officer, ABDL, highlighted the whisky’s ability to capture the beauty of modern India. The launch comes amid sustained growth in India’s premium whisky segment.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Allied Blenders and Distillers Limited

Allied Blenders and Distillers Limited belongs to the Consumer Defensive › Beverages – Wineries & Distilleries sector. Here’s a quick read on where the business and the stock stand today.

Allied holds in the upper half of its 52-week range, a sign the market backs the stock. The PEG of 0.18 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Thin margins at 5.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock holds at 70% of its 52-week range with RSI at 49. In other words, neither side has a clear edge right now. Both the business and the stock move in the right direction. Revenue grows at 7.4%, profits at 422.6%, and the PEG sits at 0.18 — below its growth rate. That combination is rare. Check Fundamentals of Allied Blenders and Distillers Limited.